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Michigan Gov. Gretchen Whitmer, a Democrat, called the budgets approved by GOP lawmakers on Tuesday "a mess."
By Nora ColomerSeptember 25 -
Mayor Karen Freeman-Wilson said the city is forging ahead with the transaction to raise money to help pay its bills.
By Nora ColomerSeptember 24 -
Moody’s Investors Service citied continued operational and performance improvements for the upgrade to Baa1.
By Nora ColomerSeptember 20 -
Michigan is more vulnerable because of its higher exposure to the auto manufacturer relative to other U.S. states, said Moody's Investors Service.
By Nora ColomerSeptember 19 -
If the bonds are approved in March, the junk-rated city plans to issue $250 million of new money, unlimited tax general obligation bonds in 2020.
By Nora ColomerSeptember 17 -
Saint Mary's College, a sister school to the University of Notre Dame, will sell $27 million of new money bonds and $15 million to refund debt.
By Nora ColomerSeptember 13 -
The distric is the legacy entity left to service school bonds after a new district was created to educate Detroit's children.
By Nora ColomerAugust 30 -
The budget battle between Republican lawmakers and Gov. Gretchen Whitmer looks no closer to being resolved by the Oct. 1 deadline.
By Nora ColomerAugust 29 -
Minneapolis-St. Paul Airport is pricing bonds that will partially finance projects under its capital plan and refund previously issued debt for a savings.
By Nora ColomerAugust 26 -
The new money piece of the $77 million deal will cover the county's obligations under its lease agreement with the Cleveland's NBA franchise.
By Nora ColomerAugust 23